Co-optimizing Behind-The-Meter Resources under Net Metering

Ahmed S. Alahmed; Lang Tong

doi:10.1109/TPEC56611.2023.10078677

Co-optimizing Behind-The-Meter Resources under Net Metering

Ahmed S. Alahmed^*
, Lang Tong

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Scopus citations

Abstract

We study the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy - NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a priority list that defers less important loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantity under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions.

Original language	English
Title of host publication	2023 IEEE Texas Power and Energy Conference, TPEC 2023
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781665490719
DOIs	https://doi.org/10.1109/TPEC56611.2023.10078677
State	Published - 2023
Externally published	Yes
Event	2023 IEEE Texas Power and Energy Conference, TPEC 2023 - College Station, United States Duration: 13 Feb 2023 → 14 Feb 2023

Publication series

Name	2023 IEEE Texas Power and Energy Conference, TPEC 2023

Conference

Conference	2023 IEEE Texas Power and Energy Conference, TPEC 2023
Country/Territory	United States
City	College Station
Period	13/02/23 → 14/02/23

Bibliographical note

Publisher Copyright:
© 2023 IEEE.

Keywords

demand response
distributed energy resources
energy storage
home energy management
net metering

ASJC Scopus subject areas

Computer Networks and Communications
Energy Engineering and Power Technology
Safety, Risk, Reliability and Quality
Control and Optimization
Renewable Energy, Sustainability and the Environment
Automotive Engineering

Access to Document

10.1109/TPEC56611.2023.10078677

Cite this

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title = "Co-optimizing Behind-The-Meter Resources under Net Metering",

abstract = "We study the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy - NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a priority list that defers less important loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantity under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions.",

keywords = "demand response, distributed energy resources, energy storage, home energy management, net metering",

author = "Alahmed, \{Ahmed S.\} and Lang Tong",

note = "Publisher Copyright: {\textcopyright} 2023 IEEE.; 2023 IEEE Texas Power and Energy Conference, TPEC 2023 ; Conference date: 13-02-2023 Through 14-02-2023",

year = "2023",

doi = "10.1109/TPEC56611.2023.10078677",

language = "English",

series = "2023 IEEE Texas Power and Energy Conference, TPEC 2023",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

booktitle = "2023 IEEE Texas Power and Energy Conference, TPEC 2023",

address = "United States",

}

Alahmed, AS & Tong, L 2023, Co-optimizing Behind-The-Meter Resources under Net Metering. in 2023 IEEE Texas Power and Energy Conference, TPEC 2023. 2023 IEEE Texas Power and Energy Conference, TPEC 2023, Institute of Electrical and Electronics Engineers Inc., 2023 IEEE Texas Power and Energy Conference, TPEC 2023, College Station, United States, 13/02/23. https://doi.org/10.1109/TPEC56611.2023.10078677

Co-optimizing Behind-The-Meter Resources under Net Metering. / Alahmed, Ahmed S.; Tong, Lang.
2023 IEEE Texas Power and Energy Conference, TPEC 2023. Institute of Electrical and Electronics Engineers Inc., 2023. (2023 IEEE Texas Power and Energy Conference, TPEC 2023).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Co-optimizing Behind-The-Meter Resources under Net Metering

AU - Alahmed, Ahmed S.

AU - Tong, Lang

PY - 2023

Y1 - 2023

N2 - We study the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy - NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a priority list that defers less important loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantity under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions.

AB - We study the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy - NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a priority list that defers less important loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantity under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions.

KW - demand response

KW - distributed energy resources

KW - energy storage

KW - home energy management

KW - net metering

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U2 - 10.1109/TPEC56611.2023.10078677

DO - 10.1109/TPEC56611.2023.10078677

M3 - Conference contribution

AN - SCOPUS:85150214936

T3 - 2023 IEEE Texas Power and Energy Conference, TPEC 2023

BT - 2023 IEEE Texas Power and Energy Conference, TPEC 2023

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 2023 IEEE Texas Power and Energy Conference, TPEC 2023

Y2 - 13 February 2023 through 14 February 2023

ER -

Co-optimizing Behind-The-Meter Resources under Net Metering

Abstract

Publication series

Conference

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

Fingerprint

Cite this